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FAQ 6.33

Requirements in relation to bonus issue

​​​​​​6.33

Must a valuer who is required to submit an undertaking to Bursa Securities under Rule 6.32 of the ACE LR, file an undertaking each time it acts for a listed corporation?

No, a valuer is only required to provide Bursa Securities its letter of undertaking to comply with the ACE LR once. The same undertaking will be applicable for all listed corporations which the valuer acts for.